Homes for California

Analysis

Homes for California is a registered charity in United States, based in Santa Rosa, CA. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Homes for California reported income of $90k and spending of $175k, spending 194% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $90k (-94%), an average of -51% a year. The sharpest change came in the year to December 2020, when income dropped by 94%. Over the whole period it spent 56% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Homes for California sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Capitol Crossing Senior Affordablehousing Inc ($90k), Community Services First Housing Corporation ($90k) and South Amboy Renaissance Corporation ($90k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $807k against liabilities of $0, net assets of $807k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.